BORO MOTORS CORP. v. CENTURY MOTOR SALES CORP.


17 A.D.2d 627 (1962)

Boro Motors Corp., Respondent, v. Century Motor Sales Corp., Appellant, et al., Defendants

Appellate Division of the Supreme Court of the State of New York, Second Department.

July 2, 1962


Judgment reversed on the law and the facts, without costs, and amended complaint dismissed.

The contract provided for the sale of certain real and personal property. Part of the agreed consideration was in the form of a purchase-money real estate mortgage for a specified term of years, at certain interest. The agreement was silent as to the time of payment of interest or as to any amortization. This court has held on a previous appeal that the writing was a sufficient...

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